Warsh Likely to Share Views on Fed Communication Reform

Dow Jones08-26 13:06

0506 GMT - Federal Reserve Chairman Kevin Warsh is expected to share his views on Fed communications reform, including the future of forward guidance, the Fed's balance sheet and forecasting frameworks, analysts at First Abu Dhabi Bank say in a note. Regarding the direction of his speech at the Kansas City Fed's annual Jackson Hole symposium, "he may favor focusing on big macro issues in his address, opining on longer-run drivers of financial market direction and performance, such as productivity, demographics, AI, and the global economy," the analysts write. "Alternatively, he might prefer to stick with a more traditional structure and use the speech to frame the outlook and set the tone for the FOMC's policy debate, ahead of the final three FOMC policy meetings of this year."

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